Francis Salway

Chair and Chair of the Nomination Committee +

Francis Salway

Chair and Chair of the Nomination Committee

Francis brings a wealth of investment and property experience to the Picton Board.

He was Chief Executive of Land Securities plc between 2004 and 2012, having joined the board in 2001, and prior to that was Investment Director at Standard Life Investments.

Francis is currently a Non-Executive Director of Watkin Jones plc and Cadogan Group Limited. Previously Francis was a Non-Executive Director of Next plc (2010-2021), latterly serving as Senior Independent Director and from 2012 he was Chair of Town & Country Housing, and following its almagamation in 2019 with Peabody, also served as a Non-Executive Director of Peabody until 2021.

Michael Morris

Chief Executive +

Michael Morris

Chief Executive

Michael is Chief Executive of Picton Property Income Limited. He is responsible for devising and overseeing the implementation of all aspects of the Company’s investment strategy. He has over 25 years experience in the UK commercial property sector and has worked with the Group since launch in 2005. He was appointed to the Board on 1 October 2015.

Mark Batten

Chair of the Audit & Risk Committee, Senior Independent Director +

Mark Batten

Chair of the Audit & Risk Committee, Senior Independent Director

Mark was a partner in PricewaterhouseCoopers LLP for over 25 years, specialising in structuring and restructuring transactions predominantly in Financial Services and Real Estate. He is currently Chair of Assured Guaranty UK and Non-Executive Director of Assured Guaranty Ltd. He is also a Senior Independent Director and Chair of the Audit and Risk Committee of Weatherby Bank Limited. Previously, he was, amongst other appointments on the Board of the Royal Brompton and Harefield Hospital Foundation Trust and an adviser to UK Government Investments, an arm of HM Treasury. He is an Associate of the Institute of Chartered Accountants in England and Wales and was appointed to the Board on 1 October 2017.

Helen Beck

Chair of the Remuneration Committee +

Helen Beck

Chair of the Remuneration Committee

With over 25 years' experience in financial services, particularly in remuneration design, regulation and human resources, Helen has been a Non-Executive Director of Funding Circle Holdings plc since June 2021 where she chairs the Remuneration Committee and is member of the Nomination, Audit and Risk and ESG committees. Previously she was a Non-Executive Director of Ashmore Group plc, a partner of Deloitte and before that, Global Head of Reward at Standard Bank, Head of McLagan Europe (part of Aon). Helen was appointed to the Board on 1 August 2024.

Saira Johnston

Chief Financial Officer +

Saira Johnston

Chief Financial Officer

Saira joined Picton in March 2024 with over 20 years' experience in the real estate and financial services sector. Saira is a member of the Institute of Chartered Accountants in England and Wales. She was appointed to the Board on 1 April 2024.

Richard Jones

Chair of the Property and Valuation Committee +

Richard Jones

Chair of the Property and Valuation Committee

Richard is a highly experienced real estate professional with over 30 years’ experience and was previously UK Managing Director on the Aviva Investors´ Global Real Estate Board where he sat on their Global Real Estate Investment Committee until 2014.

As a Non-Executive Director, he has sat on a number of Boards and is currently on the Investment Committee of two Henley Secure Income Property Unit Trusts, and Special Advisor to the Clearbell UK Strategic Trust. He was appointed to the Board in 2020.